Country information

Colombia

Area

1.141.748 km²

Capital

Bogotá

Government

Gustavo Petro Urrego

Population

52,29 million

Contact

Marcela Melo

Regional Manager Bolivia, Colombia, Ecuador, Peru and Venezuela

m.melo@lateinamerikaverein.de

+49 (0) 40 413 43 151

Economic data

Basic data 2022 2023 2024
GDP growth in % 7,3 0,61 1,14 (P)
Export in billion US$ 60,3 49,5 44,1 (P)
Import in billion US$ 73,5 62,8 58,3 (Apr)
Key interest rate in % 12,0 13,0 11,7 (May)
Inflation rate in % 10,18 11,73 6,39 (P)
Exchange rate US$/COP 4257,6 4323 3913 (P)
HDI (Human Development Index) 0,75 0,75 -

Foreign Trade

Import products: Machinery (Electrical), Vehicles, Minerals
Import partner: USA, China

Export products: Crude Petroleum, Coal Briquettes
Export partner: USA, China

Notes

P = Prediction
Update: 01.08.2024
Sources: UNDP, Worldbank, Banco Central de la República de Colombia, IWF, Exchange Rates UK, CEPAL, OEC, The Global Economy